AI firms Anthropic (PC:ANTPQ) and Google (GOOGL) officially announced on Thursday that they are expanding their cloud partnership in a deal worth tens of billions of dollars. More precisely, the agreement gives Anthropic access to up to one million of Google’s custom Tensor Processing Units (TPUs). In addition, the added capacity, which is expected to be available in 2026, will deliver more than a gigawatt of AI computing power. As a result, building a data center of that size could cost about $50 billion, with most of the expense tied to chips.
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Interestingly, Anthropic’s need for more computing power is being fueled by fast revenue growth. As a matter of fact, the company is approaching $7 billion in annual revenue and now serves more than 300,000 businesses, a sharp increase from two years ago. Its Claude Code product alone reached $500 million in annualized sales within months of launch. And while Google has invested over $3 billion, Amazon (AMZN) remains Anthropic’s main cloud partner, with $8 billion invested and custom-built systems for Claude.
Indeed, Anthropic’s Claude language models run on a multicloud setup that uses Google’s TPUs, Amazon’s Trainium chips, and Nvidia’s (NVDA) GPUs for different tasks, such as training and inference. Thanks to its multicloud approach, Anthropic can stay flexible, avoid outages, and remain neutral as competition between cloud providers continues to intensify.
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